Vote: adopted

Item Text

A-3. THE MARICOPA COUNTY HEALTH CARE FLEXIBLE SPENDING ACCOUNT PLAN THIRD AMENDMENT AND RESTATEMENT Approve the third amendment and restatement of the Maricopa County Health Care Flexible Spending Account Plan document which is effective July 1, 2013 and governs how the general purpose health care flexible spending account is administered pursuant to the Internal Revenue Code. This Plan document governs basic issues of plan eligibility, enrollment and payroll withholding pursuant to the Internal Revenue Code. This document does not define specific benefit programs, which are adopted annually by the Board of Supervisors in separate actions. This amendment and restatement makes technical corrections and updates based on current applicable laws and regulations, but does not otherwise include substantive changes to County benefit plans. The Maricopa County Health Care Flexible Spending Account Plan incorporates recent changes to federal law. The changes were reviewed with the Maricopa County Benefits Board of Trustees. As stated in the plan document, the purpose of the Maricopa County Health Care Flexible Spending Account Plan is to allow Employees who become Participants in this Plan to obtain reimbursement for certain Covered Health Expenses on a tax free basis, as provided under section 105(b) of the Internal Revenue Code of 1986 (the Code). This Plan is intended to qualify as a “self-insured medical expense reimbursement plan” maintained under section 105 of the Code and regulations issued thereunder, and as a Benefits Plan as that term is defined in the Maricopa County Benefits Plan. This Plan shall be interpreted and construed in accordance with that intention. In no event shall this Plan be administered or construed to constitute a plan of deferred compensation and in no event shall this Plan be administered in a manner that is inconsistent with the Maricopa County Benefits Plan. (C-39-14-002-3-00)